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Houzz raises a huge $400M round at a $4B valuation

If you ask investors in Silicon Valley about Houzz — an app where you browse ridiculously nice homes and check out interesting interior design ideas — they’ll probably quietly mutter that they’re just growing their business. We really don’t hear about Houzz’s business that often. Except now the company says …

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Relevnt launches a publisher-centric news app

Florida startup Relevnt is experimenting with a new approach to online publishing. Founder and CEO Winder Hughes said that it’s become unrealistic to expect readers to download an app for every publication that they follow, or even to type a bunch of URLs into their mobile browser. At the same time, when publishers rely …

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Facebook equips admins to protect and analyze their Groups

Facebook sees Groups as the core of its push to “build community,” as Mark Zuckerberg detailed in his 6,000-word humanitarian manifesto. So today at its Communities Summit in Chicago, where it assembled 300 admins of top Groups, Facebook is making good on Zuckerberg’s promise to give admins more tools to …

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Virgin Mobile goes iPhone-only, offers a year of service for $1

In attempt to woo customers away from competitors, Virgin Mobile USA today announced a deal that will see it transitioning to become an iPhone-only carrier. The company is also partnering with Apple to activate Virgin’s services in Apple’s stores. To kick off this change, Virgin introduced a limited time promotion that …

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Snap taps its IPO price as it continues to crash

Update: It happened! Snap fell down to its IPO price (for a few seconds) of $17 per share after its continued steady march south over the past several weeks. The company is now barely holding just above its IPO price. Snap’s last earnings report resulted in a disaster, and while the …

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Mobile gaming company Scopely raises $60M

Scopely just announced that it has raised $60 million in Series C funding. The round was led by Revolution Growth, a firm led by former AOL executives Steve Case and Ted Leonsis (AOL owns TechCrunch), which targets startups outside Silicon Valley and New York. (Scopely is headquartered in Los Angeles.) …

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